Hanmi Financial Corp. (HAFC)
NASDAQ:HAFC
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.77Last Year’s EPS
0.5Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational and financial momentum: strong earnings, the seventh consecutive quarter of NIM expansion, robust C&I originations, deposit growth with a healthy core deposit mix, improved asset quality, better efficiency, and active capital returns. Headwinds included a slight decline in total loans due to payoffs, a sharp drop in residential mortgage production, some borrower‑specific downgrades (special mention/Class 5), and caution that favorable deposit-cost tailwinds may not persist. Corporate Korea has driven deposit growth but loan demand remains muted. Overall, positives materially outweigh the negatives.Company Guidance
Net Income and Earnings Per Share
Net income of $22.6 million for Q1 2026, or $0.75 per diluted share, showing sequential and year-over-year growth.
Net Interest Margin Expansion
Net interest margin expanded by 10 basis points to 3.38%, marking the seventh consecutive quarter of NIM expansion driven by lower cost of funds.
Strong Loan Production and C&I Growth
Total loan production of $378 million in the quarter (up $3 million sequentially); C&I production surged to $135 million, a 64% increase quarter-over-quarter.
Deposit Growth and Stable Core Funding
Deposits grew at a 7% annualized rate (2% sequentially in the quarter), noninterest-bearing deposits remained healthy at ~30% of total deposits, and Corporate Korea deposits increased 11% quarter-over-quarter to surpass $1.1 billion.
Asset Quality Improvements
Nonperforming assets decreased 38% to 0.6% of total assets; nonperforming loans declined 31% to 0.19% of total loans; delinquencies declined 25% to 0.20% of total loans, aided by a $9.7 million collection on a nonaccrual loan and OREO sales.
Expense Management and Efficiency Gains
Noninterest expense declined 1.9% to $38.4 million; efficiency ratio improved ~150 basis points to ~53.5% (53.48%), helped by lower OREO expense, moderated advertising, and compensation adjustments.
Pre-Provision Net Revenue and Noninterest Income
Pre-provision net revenue increased 4.1% to $33.4 million; noninterest income increased 2.9% to $8.5 million, driven by higher SBA loan sale gains and trade premiums.
Capital Position and Shareholder Returns
Tangible common equity per share rose 1.1% to $26.56 and TCE/TA increased to 10.11%; returned $13.4 million to shareholders (including $4.8 million in share repurchases) in the quarter.
CRE Portfolio Metrics and Discipline
CRE production increased 4% to $131 million; CRE now represents 61% of total loans with a weighted average LTV of ~47% and a debt service coverage ratio of 2.2x, underscoring conservative underwriting.
HAFC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HAFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $27.60 | $29.57 | +7.14% |
Feb 03, 2026 | $27.18 | $27.62 | +1.64% |
Oct 21, 2025 | $23.96 | $25.93 | +8.22% |
Jul 29, 2025 | $22.70 | $22.28 | -1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hanmi Financial Corp. (HAFC) report earnings?
Hanmi Financial Corp. (HAFC) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Hanmi Financial Corp. (HAFC) earnings time?
Hanmi Financial Corp. (HAFC) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HAFC EPS forecast?
HAFC EPS forecast for the fiscal quarter 2026 (Q2) is 0.77.